417427 Broadway, Sacramento, CA 95818 (MLS # ML82038992)
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Newmark, as the exclusive advisor, is pleased to present a Pride of Ownership modified leased investment located at 417-427 Broadway, situated in one of Sacramentos most vibrant and electric commercial corridors. Priced at $1,100,000, this opportunity offers a 5.7% Cap Rate and features approximately 80 feet of prime Broadway frontage. The property is anchored by the iconic Jamies Broadway Grille, a local culinary staple providing a stable income stream with 4.5 years remaining on the current lease term. The investment is further strengthened by 3.5% annual rent increases and a five-year option to extend at fair market value, ensuring consistent hedge against inflation and long-term appreciation. The asset is perfectly positioned to capitalize on the massive transformation occurring along the Broadway corridor. With numerous mixed-use developments currently underway and the Broadway Complete Streets project nearing its 2026 completion, the area is evolving into a high-density, pedestrian-friendly hub. This property offers an investor the rare chance to acquire a stabilized, income-producing asset with significant intrinsic value land upside, located in a federal opportunity zone.
| DAYS ON MARKET | 1 | LAST UPDATED | 3/17/2026 |
|---|---|---|---|
| YEAR BUILT | 1937 | COMMUNITY | 699 - Not Defined |
| COUNTY | Sacramento | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 699 - Not Defined |
| HEAT | Central |
| LOT | 0.287 acre(s) |
| LOT DIMENSIONS | 12500 |
| STORIES | 1 |
| TAXES | 12100 |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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